Profit for the period was NOK 14m ($2m), down from NOK 37m in the corresponding period.
Operating revenue rose by almost 12% to NOK 548m, as a result of increased activity at the Leirvik yard.
But expenses climbed from NOK 440m to NOK 526m.
The last quarter was marked by Havyard's Oslo IPO in June and its first contract in Brazil for the design of four anchor handlers.
This
